Ghantoot General Construction has been awarded a $136.1m (AED500m) contract to build Aldar Properties' Mayan residential development.
The luxury project's main contract includes the development of five 11-storey buildings comprising 512 units.
Of the total number, 19 units will be luxury beach villas overlooking the Yas shoreline.
Located in Yas Island, Mayan features studio and one-, two-, three-, and four-bedroom apartments in addition to golf course homes and beachfront villas.
Swimming pools, children play areas, gyms, and retail outlets have also been planned for development, WAM reported.